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The Payment Systems Regulator (PSR) has recently published an interim report suggesting that card schemes do not face effective competition in the supply of scheme and processing services to acquirers.
Visa, MasterCard, card scheme, credit card, debit card, prepaid card, payments , interchange fee, scheme fee, regulatory sandbox, regulation, payment processor, merchant, Acquirer, report
‘Capital One's acquisition of Discover will disrupt Durbin's straitjacketed debit market’. Eric Grover, Intrepid Ventures
credit card, debit card, interchange fee, Visa, MasterCard, Discover, acquisition, merchants, banks
Swisscard has partnered with fintech TapiX to comply with Mastercard AN4569 while augmenting the user experience.
MasterCard, compliance, fintech, credit card, data
Rapid Finance has partnered with Galileo Financial Technologies to announce the launch of the Rapid Access Mastercard.
financial services, financial inclusion, partnership, payments , SMEs, MasterCard
Bilt Rewards, a platform allowing consumers to earn rewards on rent and daily neighbourhood spend, has raised USD 200 million at a current USD 3.1 billion valuation.
funding, investment, payments , MasterCard, cashback
UAE-based Ajman Bank partnered with Mastercard to leverage the card issuer’s technology solutions to drive sustainability
partnership, sustainability , MasterCard, mobile banking, environement changes
Tiqmo, a fintech application licenced by the Saudi Central Bank (SAMA), has partnered with Mastercard to launch prepaid cards through its mobile application in the Kingdom of Saudi Arabia.
partnership, prepaid card, MasterCard, financial services, digital wallet
Singapore-based crypto payment gateway Alchemy Pay has added additional card BINs for its Hong Kong Crypto Virtual Card, expanding spending options.
cryptocurrency, web3, Visa, MasterCard, payment methods
US-based Navan has expanded internationally, offering Navan Connect with card-link tech across 250 global banks for seamless expense management.
spend management, MasterCard, Visa, super app, digitalisation
Switzerland-based bank Swissquote has introduced two new banking and debit card packages in its path to becoming a universal digital bank.
digital banking, cryptocurrency, MasterCard, digital payments, digital wallet
Paymentology has teamed up with payments platform Nelo to support its Mastercard in-person payments via Billetera de Google in Mexico and the launch of physical cards.
digital wallet, MasterCard, Billetera, credit card, financial inclusion
Australia-based lender Grow Finance has chosen issuer processing and core banking platform Pismo to support its card-issuing operation.
lending, Issuer, credit card, MasterCard, SMEs
Mastercard has partnered with fintech Subaio to offer a solution for identifying and cancelling recurring payments made via banking applications and online services.
MasterCard, subscription payments, partnership, financial institutions, online payments, digital banking
Jordan-based Middle East Payment Services has partnered with Zwipe and Mastercard to launch a series of biometric payment cards.
partnership, biometrics, MasterCard, product launch
India-based payments and API banking company Cashfree Payments has announced the roll out of CVV-free card payments to enable faster transactions for partner businesses.
credit card, debit card, Visa, MasterCard, NPCI, tokenization
Australia-based fintech Douugh has launched the Pay Now or Pay Later Stockback rewards Mastercard to enable Aussies to better control their money.
merchants, BNPL, MasterCard, loyalty programme, cashback
Mastercard has launched its lifestyle platform priceless.com in Israel to provide access to curated experiences across the country’s popular cultural sites.
MasterCard, product launch, expansion, loyalty programme
UK-based Paymentology has partnered with Vodafone Fiji as it upgrades its M-PAiSA mobile wallet to issue Mastercard digital first cards for cross-border and online payments.
mobile payments, MasterCard, digital wallet, virtual card, cross-border payments, online payments
Pan-European bank UniCredit has expanded its partnership with Mastercard to bring innovation in the payments space with a fully equipped card.
MasterCard, debit card, credit card, partnership, banks, digitalisation
Mastercard has launched Click to Pay in partnership with payment service provider Foloosi, who has made this payment method available across its full merchant base.
online payments, MasterCard, partnership, merchants, tokenization